Robinhood embraces AI: acquiring Pluto signals a new era of personalized investing 💸🤖; Is Europe finally becoming a crypto hub? 🤔🪙

FinTech is Eating the World, 3 July

Hey Everyone,

Good morning & happy Thursday! Due to a difficult schedule today’s issue is coming late but it’s absolutely worth the wait 😤 We’re going to look at Robinhood which is embracing AI with a fresh acquisition of Pluto (why it’s a brilliant move that signals a new era of personalized investing + a bonus analysis on HOOD 0.00%↑ & why it’s about time to be bullish), and question whether Europe is finally becoming a crypto hub (recent developments from Circle & what outlook does it imply + a bonus read on one interesting & crazily growing stablecoin). Let’s just jump straight into the interesting stuff 🌶

Robinhood embraces AI: acquiring Pluto signals a new era of personalized investing 💸🤖

The news 🗞️ Retail trading giant Robinhood HOOD 0.00%↑ has just made a strategic move to incorporate artificial intelligence (AI) into its services with the acquisition of Pluto Capital.

This M&A marks Robinhood's first significant step towards offering AI-powered investment advice to its vast user base of over 10 million monthly active users.

Let’s take a look at this and see why it matters.